US PPI for December rose to 0.2%; better than the forecasted 0.0% and the prior reading of 1.8%, while for the year ending December, it came in at 4.4%, which is worse than the projected reading of 4.5% but better than the prior reading of 2.4%.

However, the PPI Ex Food & Energy for December plunged to 0.0%; worse than the forecasted 0.1% and the prior reading of 0.5%, whereas for the year ending December it dropped to 0.9%, which is worse than the predicted 1.0% and the prior reading of 1.2%.